Nghe An grants investment registration certificate for 150 million USD project to Sunny Group

On the morning of September 20, the People's Committee of Nghe An province held a ceremony to grant the Investment Registration Certificate for the new Sunny Automotive Optical Vina facility investment project and witnessed the signing ceremony of cooperation between WHA Group and Sunny Group and suppliers at WHA Industrial Zone 1 - Nghe An.

Attending the ceremony, on behalf of Nghe An province, there were comrades: Nguyen Duc Trung - Deputy Secretary of the Provincial Party Committee, Chairman of the Provincial People's Committee; Bui Thanh An - Member of the Provincial Party Standing Committee, Vice Chairman of the Provincial People's Committee; leaders of relevant departments, branches and sectors.

On the investor side, there were Mr. Diep Liaoning - Chairman of the Board of Directors of Sunny Group; Pajongwit Pongsivapai - CEO of WHA Group; Tran Tieu Linh - General Director of Fujian Tan Phong Technology Co., Ltd.; Ta Cao Binh - General Director of Jiangxi Cao Giai Optoelectronic Technology Co., Ltd.; representative of Hop Luc Construction Joint Stock Company.

At the ceremony, comrade Nguyen Duc Trung - Deputy Secretary of the Provincial Party Committee, Chairman of the Provincial People's Committee awarded the Investment Certificate for the new Sunny Automotive Optical Vina facility investment project to investor Summit Optical Investment Limited (Hong Kong) under Sunny Group.

The project specializes in manufacturing, processing, assembling camera modules, screens, smart car lights, smart lighting, projection modules and mold processing, photoelectric assembly and testing equipment, glass lenses, plastic lenses.

The total investment of the project is 150 million USD on an area of ​​42.8 hectares in WHA Industrial Zone 1 - Nghe An (phase 2). The designed capacity of the project with the output of car cameras is about 60 million products/year; other products are 5 million products/year; office and factory for rent is about 370,000m²It is expected that by the fourth quarter of 2025, the project will be completed and officially put into operation, employing about 20,000 workers.

It is known that from July 5, 2023, Sunny Group began researching and surveying investment locations in Nghe An. After 2 months, on September 12, 2023, Sunny Group decided to choose the investment location at WHA Industrial Park and submitted a proposal to implement the project.

With the efforts of leaders and authorities of Nghe An province, just 1 week after the investor submitted the investment proposal, on September 20, 2023, Nghe An province granted the Investment Registration Certificate to Sunny Group.

Speaking at the ceremony, Chairman of the Provincial People's Committee Nguyen Duc Trung emphasized that this event marks an important milestone for Nghe An, bringing the total registered FDI capital in Nghe An province in the first 9 months of 2023 to 1.27 billion USD, ranking 8th out of 63 provinces and cities attracting the most FDI in Vietnam; up to now, Nghe An province has 130 registered FDI projects, with a total registered capital of nearly 3.85 billion USD.

The Chairman of the Provincial People's Committee said that the decision of Sunny Group to invest in Nghe An once again affirms the effectiveness, determination and efforts of Nghe An province in promoting and attracting investment; constantly innovating, strongly reforming, focusing on key administrative procedures to create a truly open and attractive investment environment, with real effectiveness to attract large projects, dynamic projects, and form a development ecosystem in industrial parks in Nghe An province.

On behalf of the leaders of Nghe An province, comrade Nguyen Duc Trung respectfully thanked Sunny Group and partners for trusting and choosing Nghe An to implement the project and expand investment activities and connect partners and suppliers to continue proposing and implementing investment projects.

"We believe that when the Sunny Group project comes into operation, along with the group's ecosystem, electronic manufacturing projects in the global supply chain are present in Nghe An, contributing to completing the supply chain for electronic product manufacturers in the province and spreading in the region, which is the driving force to continue attracting electronic projects, as well as other high-tech projects, together with local enterprises to form a circular supply chain for the electronics and high-tech sectors, contributing to promoting growth, rapidly increasing industrial production value, export and import turnover and budget revenue, creating jobs and stable income for people, creating a premise for Nghe An province to develop according to a sustainable and reasonable growth model", Chairman of the Provincial People's Committee Nguyen Duc Trung emphasized.

Identifying Sunny Group's projects and investment projects in the field of electronics and high-tech manufacturing as important projects, Nghe An commits to always accompany and create all favorable conditions in terms of policies and investment environment during the implementation of investment projects and throughout the production and business activities of investors in the province.

In order for the project to be implemented on schedule and operate effectively, Chairman of the Provincial People's Committee Nguyen Duc Trung requested relevant departments, branches, Nghi Loc district, and functional units to proactively coordinate and promptly support the resolution of recommendations, proposals, difficulties, and problems of investors during the investment, construction, and operation of the project in the future.

The Chairman of the Provincial People's Committee also requested Sunny Group to proactively propose and closely coordinate with the Southeast Economic Zone Management Board, the WHA Industrial Park infrastructure investor and related sectors to implement the project in accordance with regulations; at the same time, use new, modern equipment, advanced technology, ensure environmental safety; build and operate the factory according to the set goals and schedule and strictly comply with environmental protection regulations.

Mr. Diep Lieu Ninh - Chairman of the Board of Directors of Sunny Group said that the group chose to implement the project in WHA Industrial Park thanks to the high attention of provincial leaders and departments, branches and sectors; combined with the excellent investment and business environment created by the provincial government; the sincere service and professional support of WHA Group and as a result, the signing of the agreement was successfully promoted.

The Chairman of the Board of Directors of Sunny Group expressed his deep gratitude and hoped to continue receiving help and support from the Nghe An provincial government and WHA Group, and pledged to actively cooperate to seek common development and grow stronger together.

Mr. Pajongwit Pongsivapai - CEO of WHA Group expressed his joy and honor, and thanked Sunny Group for choosing Nghe An as the destination for investment and production expansion; at the same time, thanked Nghe An province for supporting WHA and the group's customers.

The CEO of WHA Group believes that the project not only brings many opportunities for Nghe An's abundant, well-trained human resources, but also enhances the introduction of advanced science and technology into Vietnam's industry. Thanks to the comprehensive advantages of Nghe An province and WHA in terms of geographical location, labor resources, and infrastructure, Sunny Group can confidently deploy business investment in WHA Nghe An Industrial Park.

At the ceremony, Chairman of the Provincial People's Committee Nguyen Duc Trung, Vice Chairman of the Provincial People's Committee Bui Thanh An and leaders of departments, branches, and Nghi Loc district witnessed the signing ceremony of the land lease contract between WHA Group and Sunny Group; the land lease contract between WHA Group and Fujian Tan Phong Technology Co., Ltd.; the land lease contract between WHA Group and Jiangxi Cao Giai Optoelectronic Technology Co., Ltd.

Sunny Group (Hong Kong), founded in 1984, is the world's leading manufacturer of integrated optical products and components; mainly designing, researching and developing, and manufacturing optical and optical-related products. In 2020, the group ranked 259th on the Fortune 500 list, the 6th consecutive year it has been included in this list.

In Vietnam, Sunny has invested in 4 projects, including Sunny Opotech, Sunny Automotive, Sunny Infrared, Sunny Opotec, specializing in manufacturing infrared lenses for cars, phone camera modules, surveillance cameras... in industrial parks in Thai Nguyen, Vinh Phuc and Hanoi provinces.